Michigan Automotive Compressor, Inc.

71
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
71
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (16)
Average in Peer Group (57)
Highest in Peer Group (81)

Plan Description

MACI Associates 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Participation Rate. MACI Associates 401k Savings Plan currently has over 1,000 active participants and over $89.9M in plan assets.

Did you know?

For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (71) and the top rated plan (81) could equate to:
5
Additional years of work
9,962
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 2400 N. Dearing Road
  • Location
    Parma , MI
  • 49269
  • Industry
    Retail Trade
  • Administrator
    Gerald Kurfess
  • Sponsor
    Masayuki Kobayashi
  • Net Plan Assets
    $89,900,000
  • Total Participants
    1,100
  • Avg Account Balance
    $83,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Great
Salary Deferrals:
Average
Account Balance:
Above Average

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Average
Account Balance:
Above Average
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Investments

Investment Menu Stats

# of Investment Options

12

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds New Perspective 19%
37%
American Funds Washington Mutual 17%
8%
American Funds Growth Fund of America 12%
16%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Raymond James & Associates, Inc.
Administration
Prudential
Recordkeeper
Prudential
Auditor
Rehmann Financial

Articles and Questions

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